The Chiditarod Foundation

Analysis

The Chiditarod Foundation is a registered charity in United States, based in Oak Park, IL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Chiditarod Foundation reported income of $144k and spending of $122k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $144k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Chiditarod Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Hope Christian Services Foundation Inc ($144k), Social Venture Partners International ($144k) and Jefferson City Parks and Recreation Foundation ($144k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $139k against liabilities of $1,409, net assets of $137k.